P2P Collect Request: A very commonly used feature Peer-to-Peer (P2P) “Collect Request” will be removed by NPCI from 1 October 2025 on UPI apps. NPCI says that this feature is being used by fraudsters on a large scale. In such a situation, it has become necessary to shut it down so that financial fraud can be curbed.
P2P Collect Request: Do you also use UPI (Unified Payment Interface) for transactions, if yes, then be careful because NPCI (National Payments Corporation of India) has taken a big step, which will change the payment habits of millions of users. Actually, a very commonly used feature Peer-to-Peer (P2P) “Collect Request” will be removed by NPCI from 1 October 2025 on UPI apps. NPCI says that this feature is being used by fraudsters on a large scale. In such a situation, it has become necessary to shut it down so that financial fraud can be curbed.
Let us tell you that the ‘Collection Request’ or ‘Pull Transaction’ feature allows users to request money from another customer via UPI. Fraudsters often misuse this feature to authorize payments to users, so this ban has been imposed. However, merchants can continue to submit collection requests even after October 1.
What is the P2P Collect Request feature?
With this feature, any user can send a payment request to another UPI user, which on acceptance sends the money by entering their UPI PIN. Initially this feature came to make payments easier, but over time it became the favorite weapon of scammers. After this, NPCI has said that from October 1, 2025, UPI P2P Collect will not be allowed to be processed in UPI.
What is the rule now?
The rule is that all member banks and UPI apps are completely banned from initiating, routing or processing UPI P2P collect transactions. Currently, a UPI user can collect up to a maximum of Rs 2,000 in a single transaction from another person.
What is the share of pull transactions?
Industry experts say that this decision is not very difficult because the share of “pull” transactions is only 3% of the total transactions of UPI. This means that most UPI users will not face much trouble due to this change. This step is an important initiative towards creating a secure digital payment system.
NPCI informed all banks and fintech companies
After this decision, it may be necessary for merchants to follow KYC rules for ‘pull’ transactions as well, which will curb fraud even more. NPCI has sent information about this change to all banks and fintech companies so that they can prepare for it. This will make the use of UPI even more secure and increase customer confidence.
How much fraud in the last three years?
These are the figures of UPI fraud
- 2022-23 – A total of Rs 573 crore frauds took place in 7.25 lakh cases.
- 2023-24 – A total of Rs 1087 crore frauds took place in 13.42 lakh cases.
- 2024-25 – A total of Rs 485 crore frauds took place in 6.32 lakh cases.
At the same time, when Finance Minister Nirmala Sitharaman was questioned to stop fraud in UPI transactions and make transactions more secure, she said that the government is making efforts to stop these cases. Strict steps are being taken jointly by NPCI, RBI and the government.
How much did the transaction figure increase since 2017?
Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha that while there were only 92 crore transactions through UPI in 2017-18, this figure will increase to 18,587 crore in 2024-25. This increase shows a CAGR (compound annual growth rate) of 114%.
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